Craig is an accomplished trial lawyer who has served as lead counsel in complex, high-stakes business disputes in courts and arbitrations across the country. Craig has helped clients ranging from large public companies to local entrepreneurs achieve significant victories on both sides of the docket. His talents and track record have earned him many awards, including being listed in Best Lawyers in America (2016 and 2017), being recognized as one of the top 100 lawyers in Texas by Super Lawyers (2015 and 2017) and in DFW by Super Lawyers (2014-2017) by Thomson Reuters and being selected by his peers among the Best Lawyers in Dallas as published in D Magazine (2014-2017).

Craig’s master’s degree in accounting and his prior experience as a CPA make him well-suited for tackling the complex finance, accounting and valuation issues that are often critical in business litigation. Craig’s practice includes a variety of commercial litigation, including contract and business tort claims, UCC litigation, trade secrets disputes and WARN Act litigation. Craig also has significant experience representing official committees, liquidating trusts and other parties in bankruptcy and insolvency-related disputes, including fraudulent transfer litigation, fiduciary duty and supplier disputes, plan confirmation contests, and claims litigation. Prior to co-founding Simon, Ray & Winikka (one of LFDS’s predecessor firms) in 2012, Craig was a long-time partner in the business litigation and bankruptcy/restructuring groups of one of the world’s most prominent international law firms.

Before attending law school, Craig practiced as a CPA with a Big 4 accounting firm and a national real estate developer. He has taught at Southern Methodist University’s Dedman School of Law, and is a member of the State Bar of Texas, the American Bankruptcy Institute and the Dallas Bar Association.

Lawyer Bio

Craig is an accomplished trial lawyer who has served as lead counsel in complex, high-stakes business disputes in courts and arbitrations across the country. Craig has helped clients ranging from large public companies to local entrepreneurs achieve significant victories on both sides of the docket. His talents and track record have earned him many awards, including being listed in Best Lawyers in America (2016 and 2017), being recognized as one of the top 100 lawyers in Texas by Super Lawyers (2015 and 2017) and in DFW by Super Lawyers (2014-2017) by Thomson Reuters and being selected by his peers among the Best Lawyers in Dallas as published in D Magazine (2014-2017).

Craig’s master’s degree in accounting and his prior experience as a CPA make him well-suited for tackling the complex finance, accounting and valuation issues that are often critical in business litigation. Craig’s practice includes a variety of commercial litigation, including contract and business tort claims, UCC litigation, trade secrets disputes and WARN Act litigation. Craig also has significant experience representing official committees, liquidating trusts and other parties in bankruptcy and insolvency-related disputes, including fraudulent transfer litigation, fiduciary duty and supplier disputes, plan confirmation contests, and claims litigation. Prior to co-founding Simon, Ray & Winikka (one of LFDS’s predecessor firms) in 2012, Craig was a long-time partner in the business litigation and bankruptcy/restructuring groups of one of the world’s most prominent international law firms.

Before attending law school, Craig practiced as a CPA with a Big 4 accounting firm and a national real estate developer. He has taught at Southern Methodist University’s Dedman School of Law, and is a member of the State Bar of Texas, the American Bankruptcy Institute and the Dallas Bar Association.

Valuation Dispute in Bankruptcy Confirmation

Intercompany Claims in Chapter 11 Case

Represented creditors’ committee in Chapter 11 case where the debtors and the committee
successfully resolved approximately $1.7 billion in cross-border inter-company
claims and hundreds of millions of dollars in third-party claims against the
debtors.

Equity Committee Representation

Represented equity committee in plan confirmation litigation that led to negotiated
resolution where pre-bankruptcy stockholders retained majority of shares of
reorganized entity.

Resolution of Bankruptcy Claims

Represented unsecured creditor in
pursuit and successful resolution of claims against customer in its U.S. and
Japanese bankruptcy cases.

WARN Act Class Action Defense

Breach of Contract

Served as member of trial team that represented coal mining company in obtaining
damages for breach of contract arbitration with coal purchaser.

Misappropriation of Trade Secrets

Part of team that represented technology company in obtaining injunction against
competitor to preclude misappropriation of trade secrets.

Defense of Fraud Claims

Obtained dismissal of fraud claims brought against client by purchaser under $100
million stock purchase agreement.

Contact Craig F. Simon

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